Long Est NC Sign Co. Flush w/ Assets, Goodwill & Name Recognition

Listing Number: 32941-295021

Description

Opportunities to acquire a company that has been in successful operation for nearly half-a-century do not come available very often. The successful business model for this historically high-volume sign manufacturing company was developed over many years with a razor-sharp focus on quality sign manufacturing and strategic account development to fuel sales growth and provide a solid foundation to expand the company’s footprint making it a well know southeastern sign company. An impressive installation and service fleet have been the backbone behind thousands of skillful installations and professional sign services.

The company is self-contained and is equipped with in-house capabilities to include planning & design, project management, site evaluations, large-scale sign manufacturing, pan face molding, excavation, and a wide array of installations. These in-house capabilities have helped secure the work for a vast array of well-known and recognizable national and regional brands serving a wide variety of industries to include petroleum, financial services, QSR, hospitals & heathcare, municipalities, school districts, universities, small businesses and large industry.

This opportunity is bookended by 2 major components that are often not found in an acquisition opportunity:
1. A deep-rooted customer and key account base providing substantial goodwill.
2. The comprehensive FFE List is asset deep with premium assets valued in excess of the sale price.

The business is being sold due to family health issues. An NDA, Financial Statement or Bank Letter & an Acquisition Overview Call is required for all interested parties.

Listing Details

  • Price: $1,590,000
  • Down Payment: $1,351,500
  • Sellers Discretionary Earnings: $0
  • Total Sales: $1,271,363
  • Location: Mecklenburg County, North Carolina

  • Inventory: $50,000
  • FF&E: $1,568,412
  • Employees: 10
  • Reason for Selling: Family Health Issues
  • Category: Manufacturing

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